FRENOT
ActiveThe computed 12-month bankruptcy probability of FRENOT is 1.9% (moderate). The 2025 annual accounts show equity of €246k and a net result of €3k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 13044 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
94
/ 100
Excellent▲ +26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▲+4
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 26.74 against 24.77 in 2024), and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.3%
Return on assets
1.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
26 d late
2023
on the day
2022
3 d early
2021
18 d early
2020
25 d late
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€246k▲ 1.2%
2024 · €243k
2018: €218k
2019: €204k
2020: €205k
2021: €227k
2022: €240k
2023: €242k
2024: €243k
2018 → 2025
Total assets
€255k▲ 0.9%
2024 · €253k
2018: €257k
2019: €231k
2020: €223k
2021: €246k
2022: €264k
2023: €257k
2024: €253k
2018 → 2025
Net result
€3k▲ 246%
2024 · €859
2018: €-1k
2019: €-14k
2020: €2k
2021: €21k
2022: €13k
2023: €2k
2024: €859
2018 → 2025
Working capital
€244k▲ 2.0%
2024 · €239k
2018: €213k
2019: €187k
2020: €199k
2021: €217k
2022: €235k
2023: €235k
2024: €239k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€227k-€240k▲ 5.6%€242k▲ 1.0%€243k▲ 0.4%€246k▲ 1.2%
Operating result€24k-€20k▼ 18.7%€2k▼ 89.9%€-3k€-191▲ 93.9%
Net result€21k-€13k▼ 39.8%€2k▼ 80.7%€859▼ 65.3%€3k▲ 246%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €191 in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255k
Fixed assets
€2k▼ 53.4%
Current assets
€254k▲ 1.7%
Equity and liabilities €255k
Equity
€246k▲ 1.2%
Debt
€9k▼ 5.8%
The debt ratio falls from 4.0% to 3.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2k▲
2024 · €0
Cash flow
€5k▲
2024 · €4k
Solvency
96.3%▲
2024 · 96.0%
Current ratio
26.74▲
2024 · 24.77
Quick ratio
26.74▲
2024 · 24.77
Debt / equity
0.04▼
2024 · 0.04
ROE
1.2%▲
2024 · 0.4%
ROA
1.2%▲
2024 · 0.3%
Interest coverage
10.97▲
2024 · 0.00
Debt
€9k▼
2024 · €10k
Debt ≤ 1 year
€9k▼
2024 · €10k
Income taxes
€649▲
2024 · €92
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€253k€255k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€250k€254k▲
Amounts receivable within one year40/41€23k€16k▼
Trade receivables40€23k€16k▼
Other amounts receivable41€94€351▲
Current investments50/53€70k€150k▲
Cash at bank and in hand54/58€156k€87k▼
Deferred charges and accrued income490/1€461€822▲
Equity and liabilities
Total equity and liabilities10/49€253k€255k▲
Equity10/15€243k€246k▲
Contributions10/11€19k€19k=
Reserves13€213k€213k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€192k€192k=
Profit (loss) carried forward14€12k€15k▲
Amounts payable17/49€10k€9k▼
Amounts payable within one year42/48€10k€9k▼
Trade debts44€325€828▲
Suppliers440/4€325€828▲
Taxes, remuneration and social security45€274€193▼
Taxes450/3€274€193▼
Other amounts payable47/48€9k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€1k€3k▲
Operating profit (loss)9901€-3k€-191▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€134€149▲
Recurring financial charges65€134€149▲
Profit (loss) for the period before taxes9903€951€4k▲
Income taxes67/77€92€649▲
Profit (loss) for the period9904€859€3k▲
Profit (loss) for the period to be appropriated9905€859€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€15k▲
Profit (loss) brought forward from the previous period14P€11k€12k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €21k ▲1223%
Operating result €24k, net result €21k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-12-2023
Resigned as Manager
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rodestraat 31180 UkkelGround area
333 m²
Building footprint
181 m²
Volume, LiDAR
2,523 m³
2 parcels, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FRENOT
since 20052.146.869.425
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0027/00Z002 | Brussels | 249 m² | 1 · 106 m² | 18.1 m · 5 fl. |
| 21447B0289/00H003 | Brussels | 84 m² | 1 · 75 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ZIGON
BE 0744.429.270
Brugge · Eq €246k
JOVER
BE 0451.890.534
Hove · Eq €246k
JUSAM
BE 0735.605.834
Sint-Katelijne-Waver · Eq €246k
LAMBRO
BE 0898.808.037
Gerpinnes · Eq €246k
HORECA VANBRIEL
BE 0563.532.287
Pelt · Eq €246k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 8,023 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-2005
Fiscal year end31-12
Activities, NACEBEL
55522
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.